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IRI

IRI study says dollar stores, digital retailers benefiting from new shopping habits

IRI study says dollar stores, digital retailers benefiting from new shopping habits

CHICAGO — According to IRI’s  latest Consumer Connect survey, dollar stores and digital retailers are the primary beneficiaries as consumers shift their shopping habits to save time, effort and money. IRI analyzes this shift in a January 27 report titled “Channel Trends in CPG Today,” which finds that consumers remain confident about their financial wellbeing.

IRI, Kantar team to help CPG companies

IRI, Kantar team to help CPG companies

NEW YORK — IRI and Kantar are joining forces to help consumer packaged goods companies measure and optimize their marketing programs for both short-term sales gains and long-term brand health. The companies this week launched what they’re calling a closed-loop solution that combines IRI sales data and Kantar brand insights to deliver a “highly predictive,

IRI Consumer Connect Survey reveals private brand dollar sales grew 3.8% in 2019

IRI Consumer Connect Survey reveals private brand dollar sales grew 3.8% in 2019

CHICAGO — Although 57% of consumers say their financial health is good, fears of a recession are driving slightly less consumer confidence in Q3 2019, according to the latest IRI Consumer Connect Survey results released today. Expecting to face a recession — or, perhaps more likely, a “semi-recession” — consumers are increasing their savings as

Rick Kash and Dimitri Panayotopoulos join IRI board of directors

Rick Kash and Dimitri Panayotopoulos join IRI board of directors

CHICAGO — IRI announced that Rick Kash and Dimitri Panayotopoulos will join the company’s board of directors, effective immediately. IRI is a portfolio company of Vestar Capital Partners and New Mountain Capital. “We are very pleased to have Rick and Dimitri — two highly accomplished consumer goods professionals who are well respected in the industry

Study: O-T-Cs save health care system billions

Study: O-T-Cs save health care system billions

WASHINGTON — Over-the-counter (O-T-C) medicines save the U.S. health care system nearly $146 billion a year, a new study has found. The report, “Value of O-T-C Medicines to the U.S. Healthcare System,” which was released by the Consumer Healthcare Products Association (CHPA), found that, on average, each dollar spent on O-T-Cs saves the national system

IRI’s Appel shares perspective on technology at Growth Summit

IRI’s Appel shares perspective on technology at Growth Summit

DENVER — At the annual IRI Growth Summit IRI president and chief executive officer Andrew Appel Tuesday discussed his views on data and technology as the next enabler of competitive advantage. In keeping with the conference theme — “Powering the Path Forward” — Appel addressed the importance of investing in data infrastructure and artificial intelligence (AI),

IRI unveils findings of new CBD attitude and usage study

IRI unveils findings of new CBD attitude and usage study

CHICAGO — IRI Tuesday released findings of a new study focused on understanding the attitudes and usage motivations of legal adult cannabis users, and the projected impact of further legalization on consumer product purchase habits. “The expanding legalization of cannabis products is already a disruptive force in the CPG industry,” said Robert Tomei, president of market

IRI appoints Baljit Dail as president of IRI Global

IRI appoints Baljit Dail as president of IRI Global

CHICAGO  — IRI Wednesday announced the appointment of Baljit “Bal” Dail as president of IRI Global, effective April 1. In this role, Dail will lead and support IRI’s go to market commercial efforts in the U.S. and internationally. He will also join the IRI board of directors. “We are thrilled to welcome Bal to IRI,” said

IRI says consumer confidence making huge impact on e-commerce growth

IRI says consumer confidence making huge impact on e-commerce growth

CHICAGO  — While 2019 got off to a rocky start, with a partial government shutdown and trade challenges attributed to tariffs, consumers at the close of 2018 were buoyed by their strong household financial health and were spending accordingly. The latest IRI Consumer Connect survey results find that nearly 55% of consumers report their households

Tracking inventory in ever-changing industries

Tracking inventory in ever-changing industries

CHICAGO — In recent years, a transforming economy and disruptive technology have converged to change the landscape of the consumer packaged goods industry. Today’s shoppers are far more sophisticated and demanding than ever, expecting a best in-store experience that includes having the shelves stocked properly so that the shoppers find the products they are looking

Consumers taking charge of their own health says IRI study

Consumers taking charge of their own health says IRI study

CHICAGO — Eating organic food, using natural home remedies, taking vitamins and disinfecting homes are just a few ways in which consumers are taking control of their own health and getting a handle on rising health care costs, according to an IRI report. With 88% of Americans actively practicing self-care and 34% increasing their self-care

IRI intros new Audience Builder solution

IRI intros new Audience Builder solution

CHICAGO — IRI has launched IRI Audience Builder, a new offering in their audience portfolio. IRI Audience Builder, in addition to the concierge-based audience development service, IRI Audience Desk, expands IRI’s audience development capabilities by providing clients with self-service access to the industry’s largest repository of de-identified multichannel retailer data. This powerful, web-based solution helps marketers,

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